Tag: Fracking

MOSCOW. June 20 (Interfax) – Greenpeace has rejected a claim made by NATO Secretary General Anders Fogh Rasmussen that Russia funds European environmentalists opposing shale gas production in Europe. “Greenpeace sees this suggestion as absurd because the Organization and many other environmental groups are calling for fracking which used in exploiting shale formations, to be banned across the world,” Greenpeace […]

[Moscow Times – Todd Wood – February 13, 2014 – themoscowtimes.com/opinion/article/dont-worry-about-us-fracturing/494439.html] Todd Wood, in a Moscow Times op-ed, writes that while the United States has used fracking to seize the lead in global petroleum exports, Russia has more reserves, and could expand oil field services. Unfortunately for Russia, the U.S. has taken the lead in hydraulic fracturing technology and is […]

(Bloomberg – bloomberg.com – Stephen Bierman – March 18, 2013) Fracking isn’t just for shale. In Russia, producers are importing techniques from the U.S. to squeeze billions of dollars of extra oil from Soviet-era fields. TNK-BP, Russia’s third-largest producer, will use hydraulic fracturing combined with horizontal drilling in almost half the wells it sinks this year, a sixfold increase in […]